SEC Form 4 · accession 0001310524-16-000084
LA-Z-BOY INC · LZB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret L Mueller
Officer — Chief Accounting Officer
Period of report
Dec 12, 2016
Accepted (ET)
Dec 14, 2016 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000057131
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Dec 12, 2016 | M | 2,196 | $9.35 | A | 18,356 | D | |
| Common Shares | Dec 12, 2016 | M | 3,372 | $23.63 | A | 21,728 | D | |
| Common Shares | Dec 12, 2016 | M | 2,786 | $26.69 | A | 24,514 | D | |
| Common SharesF1 | Dec 12, 2016 | S | 8,354 | $32.4221 | D | 16,160 | D | |
| Common Shares | Dec 12, 2016 | M | 3,575 | $11.97 | A | 19,735 | D | |
| Common Shares | Dec 12, 2016 | D | 3,575 | $32.35 | D | 16,160 | D | |
| Common Shares | Dec 12, 2016 | M | 2,772 | $19.06 | A | 18,932 | D | |
| Common Shares | Dec 12, 2016 | D | 2,772 | $32.35 | D | 16,160 | D | |
| Common Shares | holding | — | — | — | 292 | I | by 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $9.35 | Dec 12, 2016 | M | 2,196 | D | Jul 13, 2012 | Jul 13, 2021 | Common Shares | 2,196 | 0 | D |
| Stock Option (right to buy)F2 | $23.63 | Dec 12, 2016 | M | 3,372 | D | Jun 16, 2015 | Jun 16, 2024 | Common Shares | 3,372 | 3,374 | D |
| Stock Option (right to buy)F2 | $26.69 | Dec 12, 2016 | M | 2,786 | D | Jun 15, 2016 | Jun 15, 2025 | Common Shares | 2,786 | 8,360 | D |
| Stock Appreciation RightF3 | $11.97 | Dec 12, 2016 | M | 3,575 | D | Jul 11, 2013 | Jul 11, 2022 | Common Shares | 3,575 | 0 | D |
| Stock Appreciation RightF3 | $19.06 | Dec 12, 2016 | M | 2,772 | D | Jun 17, 2014 | Jun 17, 2023 | Common Shares | 2,772 | 1,388 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.35 to $32.55, inclusive. The reporting person undertakes to provide to issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2These options were granted under the La-Z-Boy Incorporated 2010 Omnibus Incentive Plan and become exercisable in four equal annual installments beginning on the date shown in the Date Exercisable column.
- F3These stock appreciation rights were granted under the La-Z-Boy Incorporated 2010 Omnibus Incentive Plan and become exercisable in four equal annual installments beginning on the date shown in the Date Exercisable column.